Aequs Limited Approves Unaudited Q1 Results, Appoints Compliance Officer, and Dissolves IPO Committee

Aequs Limited Approves Unaudited Q1 Results, Appoints Compliance Officer, and Dissolves IPO Committee​

Aequs Limited has approved its unaudited financial results for the quarter ended June 30, 2026, across both standalone and consolidated entities. The Board of Directors also appointed Mr. Rajeev Kaul as the new Compliance Officer and Chief Investor Relations Officer, while simultaneously dissolving the company’s IPO Committee following the successful completion of its Initial Public Offer.

The results were reviewed by M/s B S R & Co. LLP, who issued an unmodified limited review report on the unaudited standalone financial statements.

Financial Performance Highlights (Q ended June 30, 2026)​

Aequs Limited demonstrated operational activity across both its individual operations and the wider group structure during the quarter.

Standalone Financial Results
The company’s standalone performance for the quarter reflects specific revenue and expense metrics:


Consolidated Financial Results
The consolidated segment data and overall financial health of the Group are provided below:

Management and Operational Updates​

The Board approved several key operational decisions related to corporate structure and governance:

• Officer Appointments: Mr. Rajeev Kaul, Co-Founder & Managing Director, was appointed as the Compliance Officer and Chief Investor Relations Officer under Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015.
• IPO Committee Dissolution: The IPO Committee was approved for immediate dissolution, concluding its mandate following the successful completion of the Initial Public Offer.
• Merger Activity: The company had previously approved a Scheme of Amalgamation involving certain wholly owned subsidiaries—AeroStructures Manufacturing India Private Limited, Aequs Engineered Plastics Private Limited, and Aequs Force Consumer Products Private Limited—into itself. As of the reporting date, initial procedural filings related to this merger have been completed.

Segment Reporting and Financial Notes​

The Group reports two operational segments: Aerospace and Consumer.

One notable financial adjustment noted in the standalone results was the reversal of impairment on investment in SQuAD Forging India Private Limited, following an improved business performance.

In terms of compensation provisions, a provision for bonus amounting to 89.87 million was made under a Shareholder Resolution dated May 13, 2025, relating to listing targets. This provision has since been reversed in the quarter ended March 31, 2026, following the voluntary waiver of such a bonus by the Executive Chairman and Chief Executive Officer of the Company.

The consolidated financial results include the performance of numerous subsidiaries across Indian domestic operations, foreign entities, and joint ventures, alongside the Parent company.

AEQUS Stock Price Movement​

Today, Aequs Limited's stock edged higher to close at ₹229.12, reflecting a 0.29% gain during trading. The company saw strong market interest, with more than 2.42 million shares changing hands in the session.